Bank of Baroda has been penalized for a delay in reporting. The penalty amounts to ₹1,29,561. The bank has disclosed this information, and it will impact the profit and loss statement. The bank is taking steps to address the issue and ensure timely reporting going forward. The announcement was made on October 15, 2025.
Penalty for Reporting Delay
Bank of Baroda has incurred a penalty due to a delay in reporting. The penalty amount is ₹1,29,561. This financial penalty is expected to impact the bank’s overall profitability for the current financial year.
Financial Impact
The impact of ₹1,29,561 will be reflected in the bank’s profit and loss (P&L) statement. The bank is working to ensure full compliance with reporting requirements to avoid similar penalties in the future.
Source: BSE